From a technical perspective, the British Pound is in an established downtrend against the Euro which is expected to extend, but oversold conditions make us wary of a bounce.

May 19,2019

The Pound-to-Euro rate has broken below a key floor at the March 21 lows at 1.1466, signalling the possible onset of a much more bearish environment for the pair.

May 16,2019

Pound Sterling has fallen for seven consecutive days, one of its longest losing streaks in months as pessimism over the state of cross-party Brexit talks combines with global trade war fears, however there is technical evidence that suggests the selling pressures might soon fade.

May 15,2019

The Pound-to-Euro rate entered the new week trading around 1.1571 at the start of the new week after closing a full one and a half percent lower than a week ago.

May 13,2019

Pound Sterling found itself caught in the cross-fire of a major market sell-off that struck late Thursday as investors took money off the table on fears the U.S. and China were heading for an all-out trade war.

May 10,2019

The technical outlook for Sterling has improved but much will depend on the outcome of cross-party Brexit talks due to conclude this week.

May 6,2019